Australian PM moves to repeal carbon tax

7:12 AM MDT | October 17, 2013 | Deepti Ramesh

Australian prime minister Tony Abbott is moving ahead with plans to repeal the country’s unpopular carbon tax, which was introduced in July 2012 by the previous Labor government. Tony Abbott was sworn in as prime minister on 18 September, and the Australian government has now released draft legislation to abolish the carbon tax. “In line with our clear election commitment, the government’s first item of parliamentary business will be the legislation to abolish the carbon tax,” Abbott says in a statement. “This will lower costs for...